EURGBP--Tuesday Afternoon--September 29, 2009
Have we had our correction in EURGBP (and EURUSD)? Worth considering, while watching for consolidation. Here is a 30 minute EURGBP chart showing the fall from the high on Sunday night to the low this morning. A nice A-B-C Elliott correction, where A = C exactly. Sometimes its possible to get a little too wrapped up in such perfection (although the slightly irregular but basically sideways B might disturb some).
